Three-Bedroom Multifamily
7008 Cr 1215 Walnut Hill, Flint, TX 75762
For Sale
New
Contact for pricing
A fenced yard and single-car garage complement this home within a gated community.
Property Size1,378 SF
Price / SF$1.11
Days on Market2
Property Features for 7008 Cr 1215 Walnut Hill
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Amenities
fenced yard
gated community
lawn & garbage service included
Building Details
Year Built
Listing Agency:
Hunter Townsend Real Estate
Listed By:
Dwell Realty
(903) 574-2888
Source:
Dwell
Added: Nov 8
Last Checked: Nov 8 at 4:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hunter Townsend Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,378-square-foot residence offers three bedrooms, two bathrooms, and a one-car garage. Built in 2006, the home also includes a fenced yard and is situated within a gated community.
Cumberland Park Mall is less than 5 miles away. Lawn and garbage service are included, and small pets are permitted.
Cumberland Park Mall is less than 5 miles away. Lawn and garbage service are included, and small pets are permitted.
Key Highlights
- Three bedrooms and two bathrooms
- 1,378 square feet; built in 2006
- One‑car garage and fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,345
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,900
$206.9K
Cap Rate 7%
$147,786
$147.8K
Cap Rate 9%
$114,944
$114.9K
Market Conditions
NOI Build-Up for 1,378 SF
Gross rent
$20.7K $15.00/SF
− Vacancy
−$1.9K −$1.35/SF
EGI
$18.8K $13.65/SF
− OpEx
−$8.5K −$6.14/SF
NOI
$10.3K $7.51/SF
Area
Smith County, TX
Vacancy
9.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,900
Cap Rate 7%
$147,786
Cap Rate 9%
$114,944
Alternative Uses
Best Use
Apartment 5plus
$147.8K
$129.3K – $172.4K
NOI $10,345 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$353.0K
$308.9K – $411.9K
NOI $24,713 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
Demographics for 75762, TX
13,923
Population
6,052
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
97%
High-School Grad
44.7 sq mi
ZIP Area
311
Density / Sq Mi
$91,429
Median Household Income
$47,587
Median Earnings
$1,201
Median Rent
$283,100
Median Home Value
Market
Average Price Trend$/SF for Multifamily properties in Smith County, TX
Properties on Market for Multifamily properties in Smith County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - A fenced yard and single-car garage complement this home within a gated community.
Where is this multifamily property located?
The property is located at 7008 Cr 1215 Walnut Hill Flint, TX.
What are key features of this property?
This property features: Three bedrooms and two bathrooms; 1,378 square feet; built in 2006; One‑car garage and fenced yard
